Bank of England maintains interest rate, stimulus
Arab Today
The Bank of England voted to keep its key lending rate at a record-low level of 0.50 percent, it said Thursday at the conclusion of its monthly policy meeting. The British central bank's monetary policy committee also decided to maintain at £375 billion ($613 billion, 451 billion euros) the quantitative easing cash stimulus that boosts lending and growth, it said in a statement.
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